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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

The proper function of a free-market economy is to allow outperforming managers to succeed in their businesses and underperforming managers to exit their businesses. However, the ordinary course of acquisitions and mergers provides a safe and orderly redistribution of capital from underperforming to outperforming managers.

FDIC 195
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IBM again a Leader in Gartner Magic Quadrant for Integrated Risk Management

Insights on Business

Initially founded in 2002 to address the opportunity created by the Sarbanes Oxley Act, OpenPages’ client adoption was so strong over the coming years that by 2005, OpenPages was ranked 29 th on the Inc. IBM RegTech Innovations. 500 list of the fastest-growing private companies in the country. Wheeler, Jie Zhang, Earl Perkins.

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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The Hackett Associates and National Retail Federation Global Port Tracker report registered the highest volume in August on the books going back to 2002. Purchasing managers for manufacturing firms point to an increasing gap between consumer demand for merchandise over in-person services.

National 161
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Goldman Sachs Announces Changes To Exec Lineup

PYMNTS

In 2002, Ismail, a Dartmouth College and Harvard Business School graduate, joined Goldman as an analyst in its investment banking division. Today, he manages the group’s U.S. “I am not surprised at the success he had in building Marcus, and I know he will do great things in the future, too.”. consumer business.

Apple 199
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simPRO Taps Square To Power Field Service Payments

PYMNTS

Business management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press release. Founded in 2002, simPRO secured $31 million in growth capital in 2016 as part of an aggressive product innovation and expansion strategy.

Payments 100
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Groupon Gets New Activist Investor

PYMNTS

Merage and his family sold their company Chef America — best known for the Hot Pockets brand — to Nestlé in 2002 for $2.6 In August, it was reported in The Wall Street Journal that “activist investors” were circling Groupon, trying to persuade management to do a stock buy-back, enter into a strategic partnership or sell the company.

Capital 130
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Accounting Background No Longer Needed For CFO Jobs

PYMNTS

Traditionally, CFOs come from accounting, and they’re known as people who can handle financing strategy, cost management, reporting needs and standards of accounting. After the 2002 Sarbanes-Oxley Act, companies would pick chief accounting officers as finance chiefs. “But that freed us up to get a capital-markets-focused CFO.”.

Strategy 144